Negotiating salaries can be a difficult process. Many people believe that they don’t have the power to negotiate, or think it is not worth the time and energy, but this couldn’t be further from the truth! In fact, in many cases negotiating your salary can result in a higher starting salary than what you would have been offered otherwise. This blog post will give you some tips on how to get the salary you deserve and start off with more money in your pocket each month.
It’s important to know what you’re worth in the current marketplace and not be afraid of asking for more. Be clear about your skills, qualifications, as well as value while being aware that there are other qualified candidates who can do the job just like you!
Here are our top tips on how to come out on top when receiving a job offer.
1. Negotiating a job offer should include considerations about not just salary, but also other aspects of the position and company such as vacation days, benefits, etc.
2. You do not need to make a decision straight away
Avoid rushing the negotiation process. Take your time and think about all aspects of the offer, compare it to any other offers you have received if applicable. Let them know that you are grateful for their consideration but would like some additional time before making a decision.
As a general rule, you can tell an employer that you plan to decide within 7 days.
3. Before negotiating any offer make sure you are in a position where you can afford to negotiate from
Do you have other offers? If not, ask yourself the question are you OK with losing the current offer on the table. Ask and negotiate what you believe is achievable and fair.
4. If you are liked, you have a higher chance of getting exactly what you want.
If you want to negotiate for a higher salary when receiving a job offer, it’s wise to position yourself well with the hiring manager or person who makes the hiring decisions.
5. The employer needs to believe you are worth it and you can fix their problems.
The employer may be more likely to offer you higher than their original salary expectations for the position because they need someone with your qualifications and experience.
6. They need to believe you actually want to join, and are not window shopping.
If they know you are just interviewing to see what is out there or you have other better offers, they will be less likely to make you a compelling offer as you seem unobtainable and a waste of their time.
7. Stay engaged during negotiations and always open to revised offers.
Stay involved and NEVER end the negotiation in “no”.
8. It’s important to remember that negotiating is not a fight to the death, just a battle of wills.
Negotiation isn’t just about winning, its also about finding solutions together and coming up with win-win situations!
9. Use Any Other Offers To Your Advantage
This tip can be a lifesaver. If your first offer is not what you were hoping for, call the company you would rather work with and tell them that while they are high on your list, another firm has already made an offer to you. This should help expedite the process but remember to be friendly and not too pushy.
Negotiation is a skill you can learn, and the process of negotiating your salary for your first job or when switching jobs can be daunting. The good news is that there are many resources to help guide you through this complex process- online forums like Architecture Social offer advice on everything from how to interview (and negotiate) effectively with hiring managers.
And while it may seem difficult at times, if you’re able to successfully navigate these waters without feeling stressed out or anxious – which so often happens during negotiations – then hopefully it will feel worth all the time spent!